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"I have served my country for most of my life with dedication and will continue to do so in this new role. I am deeply honoured by the trust and confidence the President has shown in me,” Mr Kinyua said.

President Kenyatta (then Finance Minister) confers with the Treasury PS Joseph Kinyua during preparation of the 2011 /2012 budget at the Treasury in this file photo.

For nearly a decade, Mr Kinyua served as Permanent Secretary in the Treasury and was a central figure in the execution and oversight of most economic policies in former President Kibaki’s government.

Mr Kinyua has served government and quasi-government agencies for more than three decades.

He also served as director in the research and financial markets departments at the Central Bank of Kenya. He is also a former senior official at the International Monetary Fund.

Mr Kinyua holds a Bachelors and Masters degree in economics from the University of Nairobi.